Monday 25 November 2019

Bitcoin: BTCUSD still trending down, with next support target at 6125!

Bitcoin: BTCUSD still trending down, with next support target at 6125!
BTC is down more than 26% since the most recent sell signal!





Price action is below the cloud on the daily chart, and this is overall still bearish!

Thursday 21 November 2019

DJI: Taking profits off the table after a strong rally!

DJI: Taking profits off the table after a strong 1000+ point  rally!

Market due for a consolidation at these elevated levels!


Xetra Dax in profit taking zone!

Xetra Dax in profit taking zone!
Taking profits off the table after a lovely little rally over the past few weeks.


Monday 11 November 2019

Xertra Dax: Consolidation risk remain high after a 10% rally!

Xertra Dax: Consolidation risk remain high after a 10% rally rebounding from cloud chart support zone!

Key support levels to be tested at 12824/12656!





NDX NASDAQ 100: Consolidation risk remain high at these levels!

NDX NASDAQ 100: Consolidation risk remain high at these levels!

Index is up more than 7% (567+ points) since the rebound from cloud chart support zone!

Now the old high of 8027 is expected to be the next key support zone to be tested!
Consolidation risk remain high here after the recent breakout!




Tuesday 5 November 2019

QQQ: Up by 10% since the cloud chart rebound!

QQQ: Up by 10% since the cloud chart rebound!

So far so good! QQQ up by 10% since rebounding from old cloud chart support at bottom end of the cloud chart support zone! Taking some profit off the table here!

The QQQ managed to break past old resistance highs!

FTSE100: Fighting cloud chart resistance at top end cloud resistance zone:7374!

FTSE100: Fighting cloud chart resistance at top end cloud resistance zone:7374!

Need to see a breakout here on big volume past this zone, if not, then going short there if resistance hold. Critical week ahead for a breakout!


Xetra Dax:Up by more than 9% since cloud chart rebound!

Xetra Dax:Up by more than 9% since cloud chart rebound!

Taking some profit off the table since the 1166 point rally from the cloud chart support zone at 11970!